Aircraft Hangar Market Size

Global Aircraft Hangar Market size was valued at USD 773.58 Million in 2023 and is poised to grow from USD 811.49 Million in 2024 to USD 1189.83 Million by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

Aircraft hangar companies should focus on countries with rising aviation activity to maximize their business scope. Providing modular and prefabricated aircraft hangars can also be a key opportunity for all market players in the long run. As per this aircraft hangar market analysis, developing smart hangars with advanced technology integration can also boost revenue generation in the future. 'AECOM Technology Corporation (U.S.)', 'ClearSpan Fabric Structures Inc. (U.S.)', 'Centrex Construction Inc. (U.S.)', 'HTS Tentiq GmbH (Germany)', 'Fulfab Inc. (U.S.)', 'Buildair Ingeniería y Arquitectura S.A (Spain)', 'Rubb Buildings Ltd (U.K.)', 'Allied Steel Buildings Inc. (U.S.)', 'Strucsteel Ltd (U.K.)', 'PFEIFER GROUP', 'JOHN REID & SONS (STRUCSTEEL) LTD.', 'BlueScope Buildings', 'J B Roche Ltd (Ireland)'

Use of aircraft for global travel has increased exponentially in recent years and this has resulted in a massive hike in air traffic on a global level. Expansion of air fleets by airlines to accommodate this growing number of air travelers is also slated to favor the global aircraft hangar market outlook. High number of aircraft require more storage, maintenance, and repair facilities in the name of hangars.

Development of Modular and Prefabricated Hangar: Aircraft hangar companies should focus on developing modular and prefabricated hangar solutions to maximize their business scope in the future. Focusing on this aircraft hangar market trend can help companies provide quick installation, reduced costs of hangar construction, and high flexibility in operations as well. Easy expansion and relocation makes them a perfect choice for military, private aviation, and emergency response applications.

The North America region is anticipated to account for a dominant share of the global aircraft hangar industry. The presence of leading aircraft manufacturers and an established aviation infrastructure allows this region to bring in the most revenue. Moreover, the presence of leading aircraft hangar providers and the high emphasis of airline companies on the expansion of their MRO services and aircraft fleets are also slated to bolster the demand for aircraft hangars in this region. The United States is slated to be the most opportune market in the North American followed by Canada going forward.